Bank of Portugal tracks the Eurobic of Isabel dos Santos

LISBON–Portugal's central bank is conducting a small-scale local lender Eurobic review, where Angolan billionaire and former first daughter Isabel dos Santos are the key shareholders, to determine their money laundering procedures, Eurobic said.

In response to Reuters ' questions, the unlisted bank said on Thursday that it was meeting all the criteria to prevent illegal transactions and that it regarded the inspection a....